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Canada’s economy adds 14,500 jobs in October

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TORONTO (Reuters) - Canada's economy added 14,500 jobs in October and the jobless rate held at 6.5% from September, Statistics...
Bussiness

Chart of the Week: A hot economy is good enough for stocks — and even for rate cuts

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This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:The bullish euphoria...
Bussiness

Unemployment rate falls to 6.5% in Canada but ‘mixed signals’ muddy odds of a 50 bp rate cut

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Headline Canadian labour market data defied expectations in September, with a net 46,700 jobs added and the unemployment rate dropping to 6.5 per cent,...
Bussiness

Inflation: Consumer price increases in September come in hotter than estimates

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A closely watched report on US inflation showed consumer price increases ticked lower on an annual basis during the month of September but "core"...
Bussiness

Chart of the Week: The jobs report’s instant expectations shift

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This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:The labor market...
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Hot jobs report doesn’t change Fed’s rate ‘calculus’: Goolsbee

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Chicago Fed president Austan Goolsbee doesn’t think a hot jobs report released Friday will alter the downward path of interest rates over the next...
Bussiness

New PCE reading supports case for smaller Fed rate cut in November

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A fresh reading on inflation Friday keeps the Federal Reserve on track to continue cutting interest rates this fall, likely in 25 basis point...
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The many challenges facing Jay Powell as he tries to pull off a soft landing

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Jay Powell argued this week that the Fed is not "behind" as it starts a cycle of interest rate cuts.His main challenge in the...
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Canada’s inflation cools to 2% in Aug, reaches central bank’s target

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By Promit MukherjeeOTTAWA (Reuters) - Canada's annual inflation rate reached the central bank's target in August at it cooled to 2%, its lowest level...
Bussiness

Size, speed of rate moves in focus as Fed poised to start cuts

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By Lewis KrauskopfNEW YORK (Reuters) - The Federal Reserve is in focus next week, as uncertainty swirls over how much the U.S. central bank...
Bussiness

Size, speed of rate moves in focus as Fed poised to start cuts

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By Lewis KrauskopfNEW YORK (Reuters) - The Federal Reserve is in focus next week, as uncertainty swirls over how much the U.S. central bank...

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